WhyHotel

WhyHotel is an alternative lodging service that operates pop-up hotels in newly built, luxury apartment buildings.

WhyHotel operates “turn-key, pop-up hotels” out of the vacancy of newly built luxury apartments during the lease-up phase.

WhyHotel was founded in 2016 by Jason Fudin and Bao Vuong. The company is headquartered in Washington, District of Columbia.

WhyHotel’s model provides the value and space of a home-share and the consistency and service of a luxury hotel.

WhyHotel operates 100 to 250 room pop-up hotels with 24/7 on-site staff in newly built, luxury apartment buildings. WhyHotel's concept provides developers with a new way to utilize units during lease-up and provides tourists/guests with a new way to travel.

 

WhyHotel's new business arm, Hospitality Living, will deliver a first of its kind flexible use development, targeted to launch in 2022.

 

WhyHotel is backed by Harbert Growth Partners, Camber Creek, Highland Capital Partners, Working Lab Capital, Geolo Capital and others. The company raised $20M in a Series B round on Dec 11, 2019. This brings WhyHotel's total funding to $33.9M to date.

 

 

  • Year founded: 2016
  • Funding Info: $33.9M over 4 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Washington
  • State: District of Columbia
  • Country: United States
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